SMITH ARTHUR L 4
4 · CREDIT ACCEPTANCE CORP · Filed Mar 4, 2024
Insider Transaction Report
Form 4
SMITH ARTHUR L
Chief Analytics Officer
Transactions
- Sale
Common Stock
2024-02-29$554.15/sh−1,854$1,027,394→ 2,423 total - Sale
Common Stock
2024-03-01$554.00/sh−8,723$4,832,542→ 500 total - Exercise/Conversion
Common Stock
2024-02-29$333.94/sh+3,777$1,261,291→ 4,277 total - Sale
Common Stock
2024-02-29$555.26/sh−1,923$1,067,765→ 500 total - Exercise/Conversion
Common Stock
2024-03-01$333.94/sh+8,723$2,912,959→ 9,223 total - Exercise/Conversion
Employee Stock Option (right to buy)
2024-02-29−3,777→ 46,223 totalExercise: $333.94Exp: 2026-12-30→ Common Stock (3,777 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2024-03-01−8,723→ 37,500 totalExercise: $333.94Exp: 2026-12-30→ Common Stock (8,723 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $554.00 to $554.89, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $555.09 to $555.72, inclusive.
- [F3]The option, initially representing the right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.